Eng. Naguib Sawiris, CEO of Orascom Telecom Media & Technology Holding SAE (OTMT), revealed that OTMT is seeking management contract of two telecom firms in Libya.
He said that the company is conducting talks to Libyana and Almadar Aljadid “The New Orbit” over management contracts and reactivating and development of networks.
He asserted that OTMT interest may exceed management in case the Libyan Government showed interest to privatize these operators.
Libya’s mobile phone subscriber number is around 12 million.
(Source: Arab Finance)